NBS Agents >> Merchant Account Agent and ISO Programs

ACH stands for Automated Clearing House and is a fancy way of saying electronically transferring money to and from bank accounts. So a merchant services provider offering ACH services is offering you the ability to accept payments by checks electronically which in effect makes them very similar to accepting check cards. The money comes directly from the user’s checking account and goes into yours.

One Response

1. stymiee Says:
   October 10th, 2009 at 8:37 am

   ACH stands for Automated Clearing House and is a fancy way of saying electronically transferring money to and from bank accounts. So a merchant services provider offering ACH services is offering you the ability to accept payments by checks electronically which in effect makes them very similar to accepting check cards. The money comes directly from the user’s checking account and goes into yours.
   References :

Leave a Comment